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POLICY FOR LIFE & NON-LIFE/GENERAL INSURANCE

   
  • Foreign Insurance Companies entitled to hold 51% shares.
  • Foreign Companies require to bring minimum amount of US$ 2 million in foreign exchange and raise an equivalent amount from the local market.
  • No restriction on the number of branches.
  • No restrictions on the foreign Insurance Companies as to whom they would employ. They are given national treatment in extending all the facilities as enjoyed by local companies.
  • Conditions for Life Insurance as above also apply equally to Non-Life/General Insurance business except that employment of foreign personnel which is subject to usual BOI's formalities.

 

for more information visit : www.pakboi.gov.pk

 

 
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